Already planning to lay off 900 workers from shipbuilding yards in Louisiana and Mississippi, Northrop Grumman Corp. reports that an additional 1,000 jobs in Louisiana and Mississippi will be lost to attrition, according to a report on GadsdenTimes.com. Since a hiring freeze was started last summer, 400 vacant positions have gone unfilled following resignations and retirements. The company said it expects to eliminate another 600 jobs through attrition within 12 months. On Monday, the company reported that it will lay off about 900 workers, mostly welders, over the next four months. Those layoffs are on top of 120 drafters and designers laid off from Northrop shipyards in January.
MARINETTE, Wis. − April 22, 2011 – Marinette Marine Corporation is currently in the process of recalling all of their laid off employees. Work is ramping up on The Alaska Region Research Vessel, the NOAA Fisheries Survey Vessel, along with continued work on the LCS Fort Worth. Work is also starting on LCS-5 the USS Milwaukee. The recall of the remaining laid-off employees marks an important milestone for the Company
Norwegian offshore supply firm Aker Maritime officials have announced the elimination of 350 jobs out of 1,070 at its Aker Verdal yard and said that the company would probably lay off 250 more workers from the yard by the end of 1999. "The decision is in line with plans announced earlier, and reflects a lower level of activity and depressed market prospects for the yard," officials said.
According to a report from The Chosun Ilbo, the labor union of Hanjin Heavy Industries and Construction's shipbuilding unit agreed on June 27 to end a strike that has lasted for over six months. The company will not rehire laid-off workers, but will compensate them if they voluntarily retire. Both sides also agreed to drop the legal cases against each other. Source: The Chosun Ilbo
COSL Drilling Europe is reportedly being forced to make 229 rig staff redundant as a result of Statoil’s decision to cancel the charter for semi-submersible unit COSL Pioneer. Statoil announced the termination of contract since 8 October 2014, which is 13 months before the expiry date. Statoil explained that contract was canceled, as company has not managed to find alternative activity for the semi-submersible drilling rig.
A bipartisan coalition urge Congress to pass a Defense Appropriation Bill to avoid another Continuing Resolution (CR) & Sequestration. A bipartisan coalition of labor unions and maritime business owners affiliated with the Shipbuilding Council of America have jointly sent a letter to congressional leaders urging them to pass a defense appropriations bill and avoid sequestration cuts before the Navy begins widespread lay-offs and cancellation of ship maintenance on February 15, 2013.
Aquatic Asia Pacific Pte. Ltd, an Acteon company and subsidiary of Aquatic Engineering & Construction Ltd, inform it has successfully completed its new carousel, the AQCS-01-1500 maiden project. Aquatic partnered with integrated subsea services provider Kreuz Subsea on the project. The carousel was successfully used to install 9.7km of 218mm diameter umbilical in the South Belut field offshore Indonesia for ConocoPhillips
Nichols Brothers Boat Builders returned to work after the company laid off 185 employees Nov. 2. Shortly thereafter, the company filed for bankruptcy protection, a move necessitated by a big lawsuit filed by a disgruntled customer. While the bankruptcy issues are far from settled, Nichols Brothers was allowed to negotiate with individual boat owners to see that their projects, shut down on Nov. 2, could be completed.
“Today’s report from the Obama Administration on the job losses caused by their blanket deepwater drilling moratorium downplays the true impact being felt in the Gulf Region,” said Randall Luthi, President of the National Ocean Industries Association. “It will be no comfort to these unemployed workers to read how their plight could be worse had the Department’s earlier estimates of 23,000 rendered jobless been realized.”
Based on the current challenging environment in the oil and gas market, Sulzer decided to take measures to streamline the manufacturing capacities of its Pumps Equipment division. Since the beginning of 2015, Sulzer’s Pumps Equipment division has been organized in three market-oriented business units Oil and Gas, Power, and Water, a dedicated global Parts, Retrofit, and Nuclear Services organization, and a Global Operations network.
Host of U.S. seaports also to observe annual salute to maritime industry, mariners and ports A little-known annual American commemoration is coming up again on May 22: National Maritime Day, declared by Congress in 1933 to call attention to America’s maritime heritage and to honor
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has announced a multimillion dollar contract with a global energy player, to provide first gas and construction support on its assets in the Southern North Sea.
Chevron Corp. reported a first-quarter loss as slumping oil prices continued to drag down revenue. The company said that it is "on target" to lay off a total of 8000 workers by the end of 2016, up from a previously stated goal.
Conquest Offshore was contracted by Allseas to remove a 300-ton crane and transport and install a 850-ton Huisman crane on board of one of the largest pipe-lay vessels in the world, Allseas Solitaire. The 397-meter vessel MV Solitaire is the largest ship ever to have passed
McDermott International, Inc. formally named its flagship Derrick Lay Vessel 2000 (DLV 2000) during a ceremony at the Keppel Singmarine Shipyard in Singapore. Brenda Cuthbertson, wife of 38-year McDermott employee and Asia Area Vice President Hugh Cuthbertson
Dales Marine, a privately owned ship repair companies in Scotland, has enhanced its portfolio by introducing two new services to support the growing needs of the shipping and offshore industry. In addition to its capabilities for working in ship repair and maintenance
Norwegian Cruise Line has celebrated the start of construction of its new Chinese ship, Norwegian Joy. A keel-laying ceremony was held at the Meyer Werft shipyard in Germany to mark the official start of the project, with a traditional “lucky coin” being laid down prior
SapuraAcergy awarded BigLift Shipping the transportation contract for a wellhead production topside module for the offshore Yadana gas field, off Myanmar. BigLift loaded the module in Ulsan, Korea, and transported it to the Yadana field, where SapuraAcergy’s S3000 would lift it off and
Bernhard Schulte Shipmanagement (BSM) is further expanding the scope of ship management services it offers with the addition of two new service offerings – Lay-up Services and Green Recycling. Both services have been developed to meet changing needs amid the tough economic environment
Damen Shipyards Group has developed a committed response to the increasing number of laid up Platform Supply Vessels (PSVs) resulting from the current predicament facing the offshore oil and gas industry. The Dutch company’s solution involves converting idle PSVs into vessels capable of
ABB to secure reliability and availability of equipment on Shell's 600,000 tons gas liquefaction facility ABB announced it has has won a five-year contract to deliver equipment and services for Shell's Prelude FLNG, the world's first floating liquefied natural gas (FLNG) facility
Due to a continued weak PSV market, Viking Supply Ships A/S has decided to lay up the PSV vessels Sol Viking and Freyja Viking with immediate effect. The decision will reduce the company’s operational costs going forward and will give a positive impact on the results from second quarter
Norway’s Statoil ASA has decided to end its contract with a drilling rig operated by China Oilfield Services Limited, or COSL, three months after a worker died when the rig was hit by a wave during a storm in the North Sea.
U.S. gas shipping company Excelerate Energy has laid off six staff on its global liquefied natural gas (LNG) trading desk as part of a reorganisation, a spokeswoman at the company said on Friday. Texas-based Excelerate said the commercial trading and chartering team was being downsized
South Africa's Grindrod flagged as much as 35 percent drop in annual profit on Thursday, after taking a $100 million writedown charge due to a slide in shipping rates and volumes. Africa's biggest shipping group said headline earnings per share - a widely watched measure of profit in South